Student Loan Forgiveness for Parents if Child Becomes Disabled.
Domenic and Ed’s Law introduces a crucial change for parents who took out federal student loans for their children's education. If the student for whom the loan was taken becomes permanently and totally disabled, the parent will be discharged from the repayment obligation. This change applies retroactively to all outstanding loans, regardless of when the disability began, providing significant financial relief.
Key points
Parents who borrowed federal student loans (Parent PLUS Loans) can have the debt cancelled if their child becomes permanently and totally disabled.
The provision applies to all outstanding parent loans, regardless of when the loan was taken or when the student's disability occurred.
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